Andrew R. Boll - Apr 3, 2025 Form 4 Insider Report for HARROW, INC. (HROW)

Signature
/s/ Andrew R. Boll
Stock symbol
HROW
Transactions as of
Apr 3, 2025
Transactions value $
-$3,157,442
Form type
4
Date filed
4/7/2025, 09:55 PM
Previous filing
Feb 21, 2024
Next filing
Jul 1, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HROW Common Stock Options Exercise $0 +347K +60.99% $0.00 915K Apr 3, 2025 Direct F1
transaction HROW Common Stock Tax liability -$3.16M -137K -14.95% $23.09 778K Apr 7, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HROW Performance Stock Unit Options Exercise $0 -347K -100% $0.00 0 Apr 3, 2025 Common Stock 347K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 346,500 shares of Harrow, Inc. ("Harrow") common stock listed in Table I as "Acquired" represent shares upon vesting of performance stock units ("PSUs") granted to Mr. Boll under Harrow's 2017 Stock Incentive and Awards Plan (the "Incentive Plan") on April 3, 2023. The PSUs vested on April 3, 2025 and were settled in full in shares of Harrow common stock (on a one-for-one basis) on April 7, 2025, following attainment of (i) a two-year service period, and (ii) the achievement of Harrow common stock price targets ranging from $25 - $50. The 136,745 shares of Harrow common stock listed in Table I as "Disposed" were not sold by Mr. Boll in any market transaction; rather, they were shares of Harrow common stock withheld by the Company for payroll tax purposes from the same aforementioned 346,500 shares pursuant to the terms of the Incentive Plan.